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Understanding Newfoundland and Labrador PRPP

The Government of Newfoundland and Labrador has not publicly stated its intention to introduce Pooled Registered Pension Plan (PRPP) legislation at this point in time, but employees in federally regulated sectors in the province are eligible for the federal PRPP. More information will be shared if Newfoundland and Labrador pursues its own PRPP legislation.

Manulife continues to demonstrate its leadership in the emergence of the PRPP across the country by working with federal and provincial governments to introduce legislation and make the needs of small businesses a top priority. Leveraging our own product expertise, we look forward to offering our simple, affordable, easy-to-use PRPP and supporting your sales efforts, in every province that implements legislation.